The ____________________ Rate Is the Proportion of People in the Sample

question 57

Short Answer

The ____________________ rate is the proportion of people in the sample who completed the survey.

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Definitions:

Structural Unemployment

A form of unemployment caused by a mismatch between the skills that workers in the labor market offer and the skills demanded by employers.

Demand for Output

The desire and willingness of consumers or businesses to purchase goods or services produced within an economy.

Frictionally Unemployed

Individuals temporarily out of work while transitioning from one job to another or actively searching for new employment.

Searching for a Job

The process individuals engage in to find employment opportunities matching their skills and preferences.